The Philippine National Oil Company (PNOC) is considering the development of an offshore wind power (OWF) project in Batangas, which is a province located in the Mimaropa region on the southern part of Luzon. The project, dubbed as the Batangas Offshore Wind Port (BOWP), aims to generate clean and sustainable energy by harnessing wind power.
According to a recent report, PNOC has launched a feasibility study for the BOWP, which would be located around 25 kilometers off the coast of Batangas. The project is expected to have a capacity of 500 megawatts (MW) and would be developed in phases, with the first phase expected to be completed by 2025.
The BOWP would be the first offshore wind project in the Philippines, and it is seen as a significant step towards the country’s goal of increasing its renewable energy capacity to 20% of its total energy mix by 2030. The project would also help reduce the Philippines’ reliance on imported fossil fuels and lower carbon emissions.
The feasibility study for the BOWP would involve a comprehensive assessment of the site, including environmental and social impact assessments, as well as a review of the project’s technical and financial viability. The study is expected to be completed by the first quarter of 2023.
The BOWP is seen as a key component of the government’s efforts to promote sustainable energy development in the country. The project would also create jobs and stimulate economic growth in the region.
The Philippines has set a target of generating 24 GW of renewable energy by 2030, with wind power being a key component of this goal. The country has already installed over 700 MW of wind power capacity, with more projects in the pipeline.
Overall, the BOWP is an important step towards the Philippines’ transition to a low-carbon economy. The project would not only provide a reliable source of clean energy but also create jobs and stimulate economic growth in the region.